MOL Group has made a hydrocarbon discovery in Pakistan, striking oil and gas in the Karak Block, the company said in a news release.
The block is operated by Mari Petroleum Co. Ltd. (MPCL) with 60% working interest. MOL Pakistan Oil & Gas Co. B.V has 40% interest in the block.
The Halini-Deep-1 well was drilled to a depth of 5,900 m. Subsequent to the drillstem test, a new, deeper reservoir (Samana Suk) was added to the already known higher reservoirs (Lumshiwal, Hangu and Lockhart), MOL said in the release.
The completion integrity test was conducted with flow rates of 1,425 bbl/d of oil and 1.18 MMscf/day gas, the release said. The operator expects first oil by end of H1.
The Halini-Deep-1 discovery is the third discovery in the block following Halini-X-1 in 2011 and Kalabagh-1A in 2015.
Recommended Reading
TotalEnergies Acquires Eagle Ford Interest, Ups Texas NatGas Production
2024-04-08 - TotalEnergies’ 20% interest in the Eagle Ford’s Dorado Field will increase its natural gas production in Texas by 50 MMcf/d in 2024.
To Dawson: EOG, SM Energy, More Aim to Push Midland Heat Map North
2024-02-22 - SM Energy joined Birch Operations, EOG Resources and Callon Petroleum in applying the newest D&C intel to areas north of Midland and Martin counties.
Ohio Utica’s Ascent Resources Credit Rep Rises on Production, Cash Flow
2024-04-23 - Ascent Resources received a positive outlook from Fitch Ratings as the company has grown into Ohio’s No. 1 gas and No. 2 Utica oil producer, according to state data.
CEO: Continental Adds Midland Basin Acreage, Explores Woodford, Barnett
2024-04-11 - Continental Resources is adding leases in Midland and Ector counties, Texas, as the private E&P hunts for drilling locations to explore. Continental is also testing deeper Barnett and Woodford intervals across its Permian footprint, CEO Doug Lawler said in an exclusive interview.
Comstock Continues Wildcatting, Drops Two Legacy Haynesville Rigs
2024-02-15 - The operator is dropping two of five rigs in its legacy East Texas and northwestern Louisiana play and continuing two north of Houston.